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Business
June 4, 2024
AGA CEO Expects Asian Market Growth Due to High Interest in Life Experiences
Bill Miller, the president and chief executive officer of the premier national trade group for the US casino industry, the American Gaming Association, has expressed his views on the future of gaming jurisdictions in Asia. Miller said he expects these jurisdictions to hold on to their strong growth momentum in the years to come, stimulated […]
Business
June 4, 2024
St8.io Carries on Global Expansion Via Fresh MGA Approval
Casino games aggregation platform that helps operators integrate leading game providers in just days via a seamless application programming interface and enhance their iGaming portfolios, St8.io, has received a recognition notice from the Malta Gaming Authority (MGA). The latter is the body that establishes high standards for gambling companies and only issues licenses to companies […]
Business
June 4, 2024
Flutter Recognized in TIME’s 100 Most Influential Companies 2024 List
Flutter Entertainment, the global gaming and betting giant, was the only gambling operator to make it to the TIME100 Most Influential Companies 2024 list. The leading betting and gaming operator was recognized in the Pioneers category together with companies such as OpenAI, Epic Games, Transcripta Bio and World Central Kitchen, among others. Securing a place […]
Business
June 4, 2024
GiG Designates Phil Richards as CFO of Platform & Sportsbook
Gaming Innovation Group (GiG) has announced a significant addition to its C-suite, naming the experienced Phil Richards as the new chief financial officer for Platform & Sportsbook. The latest addition is in line with the ongoing strengthening of the division’s senior executive team under the guidance of CEO Richard Carter. GiG described the appointee as […]
Business
June 4, 2024
Xanada Investments to Reshape iGaming Business Scaling
Vladimir Malakchi, Evoplay’s former chief commercial officer, has launched an ambitious new investment fund that will target promising projects within the iGaming industry. Described as an “ideological investment fund,” Xanada Investments will target pre-seed, seed and series A funding of innovative online gaming projects. The fund hopes to change how iGaming business scaling is approached […]
Business
June 3, 2024
FanDuel Finally Acquires BeyondPlay, Names CEO Pelc as VP
The news that Flutter’s sports betting and fantasy sports brand, FanDuel, decided to acquire next-gen engagement software company BeyondPlay first emerged to the public at the beginning of the year. At the time, while expressing excitement about the announcement, FanDuel Casino managing director Asaf Noifeld (former PokerStars director) did not comment on role distribution. Now […]
Business
June 3, 2024
GiG to Acquire Casinomeister in a $3.25M Deal
Gaming Innovation Group, a leading gambling affiliate and iGaming platform provider, has announced its strategic acquisition of Casinomeister, a casino advocacy and review platform. The new acquisition will reinforce GiG’s business, cementing its commitment to providing better player services to its iGaming partners. According to the announcement, GiG will purchase Casinomeister in a €3 million […]
Business
June 3, 2024
PENN Entertainment Shares Soar amid Activist Investor Criticism
After an activist investor in PENN Entertainment sent a letter to the company’s board of directors, the leading gaming and entertainment operator’s shares marked an uptick. In the letter, a six-page long document, PENN’s shareholder, Donerail Group, encouraged the company to consider divesting assets in order to create value that is certain and meaningful for […]
Business
June 3, 2024
Carl Icahn Reportedly Holds Significant Stake in Caesars
The recognizable billionaire and businessman, Carl Icahn, holds a significant stake in Caesars Entertainment, the leading gaming, hospitality and entertainment operator, Bloomberg News announced recently. The publication cited sources close to the matter. After the release of the recent report, Caesars shares marked an uptick. During last week, the company’s stock hovered around $32 per […]
Business
May 31, 2024
Flutter Shifts Primary Listing to NYSE, Promotes New CFO
In a significant strategic move, Flutter Entertainment, the world’s largest online betting company and owner of FanDuel, has officially transferred its primary listing to the New York Stock Exchange (NYSE). Flutter also announced the appointment of Rob Coldrake as CFO, marking a pivotal moment in the company’s evolution as it heightens its focus on the […]
